Gold hits fresh record high; Fitch downgrades Thames Water parent company – business live

Gold hits fresh record high; Fitch downgrades Thames Water parent company – business live
By: The Guardian Posted On: April 09, 2024 View: 8

Rolling coverage of the latest economic and financial news, as gold rises almost 1% today to $2,357 per ounceUK retailers given hope of ‘green shoots of recovery’ after Easter pickupMexican precious metals mining company Fresnillo is benefitting from the rally in gold and silver.Fresnillo is leading the risers on the UK’s FTSE 100 share index this morning, up 4.4%, to its highest level since the start of January.Iran’s explicit threat of military retaliation following Israel’s targeting of its Syrian embassy has escalated tensions, amplifying the spectre of a broader regional conflict with potentially unforeseeable repercussions.Concurrently, the ongoing conflict in Ukraine exacerbates investor anxieties. Continue reading...

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